- Research,
In library: A Primer on Auction Design, Management, and Strategy
from November 17, 2014 to December 17, 2014
A Primer on Auction Design, Management, and Strategy by David Salant, Associate TSE researcher, MIT Press "Economics and Finance".
ISBN: 9780262028264 | 184 pp.
To order, MIT website
Overview :
ISBN: 9780262028264 | 184 pp.
To order, MIT website
Overview :
Auctions are highly structured market transactions primarily used in thin markets (markets with few participants and infrequent transactions). In auctions, unlike most other markets, offers and counteroffers are typically made within a structure defined by a set of rigid and comprehensive rules. Because auctions are essentially complex negotiations that occur within a fully defined and rigid set of rules, they can be analyzed by game theoretic models more accurately and completely than can most other types of market transactions.
Updated on December 3, 2014
Some key figures
- 427 lecturers-researchers and researchers
- 13 research units (among them 4 joint research teams)
- 3 doctoral schools and 4 co-certified doctoral schools
- 610 PhD students (120 first year students, 43% international students)
- 78 theses defended, 12 international joint supervision
- 3 Attractivity chair 3 Emergence, 3 Transversality, 3 ATS
- 2014 Nobel Prize in Economic Sciences
- 8 IUF members including 2 new nominations in 2015, 1 in 2016